Satin Creditcare Network Ltd Q1FY23 consolidated loss widens to Rs. 209.69 crores

Satin Creditcare Network Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 345.2735 crores during the period ended June 30, 2022 as compared to Rs. 364.1859 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -209.6959 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 56.8979 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -27.95 for the period ended June 30, 2022 as compared to Rs. 7.65 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 345.2735 crs	₹364.1859 crs	-5.19%
Net Profit	₹-209.6959 crs	₹56.8979 crs	-468.55%
EPS	₹-27.95	₹7.65	-465.36%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 345.2735 crores during the period ended June 30, 2022 as compared to Rs.346.6171 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-209.6959 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-80.6518 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-27.95 for the period ended June 30, 2022 as compared to Rs.-11.97 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 345.2735 crs	₹346.6171 crs	-0.39%
Net Profit	₹-209.6959 crs	₹-80.6518 crs	160.00%
EPS	₹-27.95	₹-11.97	133.50%

Shares of Satin Creditcare Network Limited was last trading in BSE at Rs. 119.05 as compared to the previous close of Rs. 116.15. The total number of shares traded during the day was 11983 in over 471 trades.

The stock hit an intraday high of Rs. 119.75 and intraday low of 116.20. The net turnover during the day was Rs. 1421099.00.

Source : Equity Bulls

Keywords

SatinCreditcareNetwork Q1FY23 ResultUpdate